Title: One Way ANOVA, Calculation of 4 Automobile Companies.
Author– Shruti Bagul-(MMS), Roll No- (04)
Introduction:
Analysis of 4 Automobile Companies taken by me, namely:
- Tata motors LTD.
Tata Motors is one of India’s largest and most prominent automobile manufacturing companies. It is a subsidiary of the Tata Group, one of India’s oldest and most respected business conglomerates. Tata Motors has a rich history and a diverse portfolio of vehicles, including passenger cars, commercial vehicles, trucks, and buses.
- Bajaj auto
Bajaj Auto Ltd. is one of India’s largest and most prominent two-wheeler and three-wheeler manufacturing companies. Founded in 1945, Bajaj Auto is part of the Bajaj Group, a leading Indian conglomerate with diverse business interests. Bajaj Auto is headquartered in Pune, Maharashtra, India, and has a significant presence in the Indian and international automotive markets.
- Ashok Leyland
Ashok Leyland is one of India’s leading manufacturers of commercial vehicles and automotive components. The company has a rich history and is recognized for its contributions to the Indian automotive industry.
- Maruti Suzuki india ltd.
Maruti Suzuki India Limited, commonly known as Maruti Suzuki, is one of India’s most prominent and largest automobile manufacturers. It is a subsidiary of Suzuki Motor Corporation, a Japanese automotive company, and has been a dominant player in the Indian automotive industry for several decades.
Objective: To Compare 4 Fashion Automobile Companies by the way of One Way ANOVA.
Data Collection: Students of our Batch were requested to grade the following IT Companies on the scale of 1-10 and One-way ANOVA was calculated.
Data Analysis:
Hypothesis:
H0: All Automobile Companies are equal (A=B=C=D)
H1: Any one of the Automobile Company is different.
|
Source of Variation |
SS |
df |
MS |
F |
P-value |
F crit |
|
Between Groups |
-36.225 |
3 |
-12.075 |
-1.27403 |
0.2435 |
2.866266 |
|
Within Groups |
341.2 |
36 |
9.477778 |
|||
|
Total |
304.975 |
39 |
|
|
|
|
Result: Table F=0.05, 3 DF, 36 DF = 2.86
As Calculated F = -1.27 is less than tabulated F= 2.86, reject H1, accept H0, which means all Fashion Technology companies are equal.